Jacobsen Capital Management boosted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 20.8% during the second quarter, Holdings Channel reports. The firm owned 3,741 shares of the semiconductor manufacturer’s stock after purchasing an additional 643 shares during the quarter. Jacobsen Capital Management’s holdings in Advanced Micro Devices were worth $531,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after buying an additional 29,438 shares during the period. Revolve Wealth Partners LLC increased its position in Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after acquiring an additional 234 shares during the last quarter. GAMMA Investing LLC increased its position in Advanced Micro Devices by 18.7% during the first quarter. GAMMA Investing LLC now owns 19,554 shares of the semiconductor manufacturer’s stock valued at $2,009,000 after acquiring an additional 3,084 shares during the last quarter. Continuum Advisory LLC lifted its holdings in Advanced Micro Devices by 4.8% in the first quarter. Continuum Advisory LLC now owns 2,897 shares of the semiconductor manufacturer’s stock valued at $298,000 after acquiring an additional 133 shares during the period. Finally, Asset Management One Co. Ltd. boosted its position in Advanced Micro Devices by 3.1% in the first quarter. Asset Management One Co. Ltd. now owns 691,693 shares of the semiconductor manufacturer’s stock worth $71,065,000 after purchasing an additional 20,594 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on AMD shares. Jefferies Financial Group set a $300.00 price target on Advanced Micro Devices and gave the company a “positive” rating in a research note on Monday, October 6th. Piper Sandler restated an “overweight” rating and set a $240.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, October 7th. Melius Research set a $300.00 target price on shares of Advanced Micro Devices in a report on Monday, October 6th. Barclays lifted their price target on shares of Advanced Micro Devices from $200.00 to $300.00 and gave the stock an “overweight” rating in a research note on Monday, October 6th. Finally, Evercore ISI boosted their price objective on shares of Advanced Micro Devices from $188.00 to $240.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $233.94.
Advanced Micro Devices Trading Down 1.1%
Shares of Advanced Micro Devices stock opened at $238.03 on Wednesday. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $242.88. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The company has a market capitalization of $386.29 billion, a P/E ratio of 136.80, a P/E/G ratio of 2.20 and a beta of 1.90. The company has a fifty day moving average of $178.59 and a 200 day moving average of $143.81.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). The business had revenue of $7.69 billion during the quarter, compared to analysts’ expectations of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. Advanced Micro Devices’s revenue was up 31.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, EVP Mark D. Papermaster sold 16,800 shares of the business’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total value of $3,767,904.00. Following the transaction, the executive vice president owned 1,714,505 shares of the company’s stock, valued at approximately $384,529,181.40. The trade was a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $226.01, for a total transaction of $648,196.68. Following the transaction, the senior vice president directly owned 9,033 shares of the company’s stock, valued at $2,041,548.33. The trade was a 24.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 274,118 shares of company stock worth $46,180,719 in the last quarter. 0.06% of the stock is owned by insiders.
Advanced Micro Devices Profile
Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.
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